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Holding bitcoins is the sure shot way to make profits in long term and if you have bought your bitcoins last year and still holding then you very well know how bitcoins has given you the best results so even if you buy now and hold for next few years you will never be disappointed for sure.
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Bitcoin for short term
Gold for long term
Both are really good as an investment and both have their own unique features so instead of depending on one its good to invest in both of them.
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I want stable income in bitcoins that can add value to my income and that I see only in signature campaign so without taking any risk I am depending only on signature campaign to earn bitcoins and sometimes I invest few of those earnings in cheap altcoins to grow my bitcoins faster.
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My father has an reading habit so he read somewhere in newspaper about bitcoins and asked me to do more research on it and that gave me boost to know more about bitcoins and then I started to find the ways to earn bitcoins and now me and my dad both are earning bitcoins regularly.
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It's an individual decision and also the coins that you are holding as if you are holding altcoins and if you are making profits in present scenario then you should sell your coins and collect the profits but if you are holding bitcoins then its better to hold till end of the year as price is likely to be much higher by that point of time.
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I wouldn't say that it is possible to get a millionaire in 2 months, but if you have a basic understanding of day trading and can make 5% a day... u reach the goal i guess in 2 years. But u have to be patient, that's the biggest problem of all bitcoin traders.
Not all have that high level of patience to wait for 1 year to earn 1 btc as everyone here wants to make quick money and that's what everyone dreams off but everyone forgets the reality that its not easy to get rich overnight and you need to have patience to achieve your goal. |
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When today I saw price above $6000 it took no time for me to sell some of my bitcoins as it was a great price to sell and also I was in need of money so I am satisfied that I sold my coins at a right time and at a right price as I will always get an opportunity in future to buy bitcoins at low price in compare to current price so no big deal for me.
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I think as an early adoptors of bitcoin its our duty and responsibility to teach people about bitcoins and show them what benefits they can get from bitcoins and it will be hard to convince them at initial stage but if we continue to speak about bitcoins on daily basis then it may divert their mind and would show some interest in using or investing in bitcoins.
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As Bitcoin keep climbing and altcoin keeps going down, is it better to invest in bitcoin or altcoin now?
You have to invest in bitcoin if you are going for a long term HODL. It is the reliable coins to HODL than the other cryptos because it is already established and well known. If you are going to invest in an altcoin, you have to look into a potential coin and have a high volume in market. Choose from top 50 coins in market Bitcoin for sure as you cannot afford to trust any other altcoin as you can trust bitcoin as it is a long term player and will achieve very high price in future but we cannot have same feeling for any altcoins as price can drop at any time so its good to trade altcoins in short term and hold bitcoins for long term to earn good profits from it in future. |
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My dream is to buy a car with my bitcoins but right now I don't have that higher volume of coins in my wallet so I am trying to earn as much as possible and save it for future as I am sure price will skyrocket in future and even will smaller amount of bitcoins I would be able to fulfill my dream of buying a car.
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Bitcoin was unstoppable since its inception and this year proved that it was an year of bitcoins as from the beginning of year we have seen price going only higher and same rally will continue now in coming months too and now its really hard to stop bitcoins from achieving new heights as higher adoption will take price even to higher position in future.
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You can make more money by working, you will not be able to make money without doing work. Unless you invest, if you invest you can still make money without having to do the job. If you are already working and still need more money, then you can invest in bitcoin, in bitcoin you can make more money in the long time.
Making money is never easy and you surely need to put efforts and work hard for it but if you invest money in bitcoins then you can make more money in quick time as the price of bitcoin keeps on increasing so if you invest in it and wait for next couple of years then you may even double your investments which may not be possible with any other investments. |
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Ethereum, Litecoin and Monero are the least risk altcoins as if you hold it for the right time then it will only bring positive results for you.
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Ethereum is always an best choice to make as there will be more development in coming years which will help in taking price to higher level and if you can hold it longer then there is no risk in investing in ethereum for sure.
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Its an shit coin if you wanna loose your money then go for it and if not better invest in some other coins like eth,etc,waves,ltc etc. don't waste your time and money behind dogecoin as you won't get anything in return.
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Hold the existing coins and continue to buy at lower price as that is the best strategy to follow instead of getting panic and selling at lower price and if you get panic very easily then trading is not the right place for you.
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Hey Guts, thanks for your comments.
Do you know what, i did look to crypto currencys at beginn of this year and i was thinking my startegy will be perfect and that this coins will go up all after some months, but now after more then half year experience with crypto currencys i have change my mind, thats why i deleted my videos, the strategy and bot would work, but only if you buy somethink that always go up after some years, but this crypto curencys look for me like a big scam to the people which will end in a bubble and simular thinks.
I recommend everybody from you buy Gold and Diamonds instead of waisting your money with Crypto Currencys.
LOL the grass is always greener on the other side..and if you have bad experience with cryptos that doesn't mean that everyone has same experience and people who have good knowledge will always make good money from cryptos. |
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Of course its still promising to invest in ICO and people have made huge profits by investing in it but you need to make sure that you have invested in right project and not in the scam one and that is possible only after doing good research.
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I sell my altcoins when I have already made good profits from it as that time holding doesn't make any sense as you may loose all your profits if you don't sell at a right time and buying them back at low price is the best strategy to follow and when it comes to bitcoins I prefer to hold it for a long term.
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IF it survives till 2022 it might reach 100.000usd/eth. We would all use it to buy tickets to go to the moon  That's insane, eth is a platform unlike bitcoin which is an actual currency and store of value. Eth might reach 2.000$ but it really can't go higher. There behind some good reason it could be hit $2k value in Dollar. Right now, Definitely amazing buying opportunity, but where is the bottom of this fall? What is your guess? $250 for ETH or something else. We should not miss the chance. For ethereum to be $2k, bitcoin should be $20k clearly. Without this happen, ether cannot hit those high prices. Ethereum has many competitors now. But bitcoin is unique. I expect ether to be $500 in early 2018. Yeah $2k is too high to expect from Ethereum and I would be satisfied even if it touches the price of $1k in next year and that is surely possible to achieve looking the volume and popularity but my more focus would be to invest more only in bitcoins. |
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